Global law firm White & Case LLP has advised the senior lenders
to Chow Tai Fook Enterprises (CTFE) on the financing of its acquisition
from Engie and Mitsui of the 1,000MW brown coal-fired power plant Loy
Yang B in Victoria, Australia.

"The financing package that has been put in place by CTFE for
this asset was very well supported by CTFE's bank group and had a
significant number of complex and bespoke aspects," said
Sydney-based White & Case partner Joel Rennie, who led the
Firm's deal team. "We advised on a successful transaction that
supports CTFE's and Alinta Energy's growth into the
electricity market on the east coast of Australia."

Loy Yang B supplies nearly 20 percent of Victoria's current
energy needs. The acquisition comes less than a year after CTFE acquired
Alinta Energy from TPG Capital.

The White & Case team which advised on the transaction was led
by partner Joel Rennie with support from counsel Candice Ota (Melbourne)
and associates Alyse Mobrici, Laura Baykara (both Melbourne) and Joe
Park (Sydney). Other advisors involved were Gilbert + Tobin, King &
Wood Mallesons, Herbert Smith Freehills, Lazard and Rothschild & Co.